Americans Abroad: The Welcome Grows Cool

A change of attitude is taking
place on the international scene that has potentially vast
consequences for business men in the U.S. and in many other countries.
In some parts of the world particularly Western Europe, there is
growing concern that heavy investments by U.S. industry threaten to
dominate whole economies. U.S. businessmen last year increased their
direct investments abroad by $3.4 billion to a record $41 billion.
This year the rate is growing even faster, and the ubiquitous Yankee
investors are drawing more and more cries of "dollar
imperialism."